Angel Investment: what you need to know!

Image via Wikipedia

As a wannabe web squared entrepreneur, I have been getting myself familiarized with the business aspect of running a venture and  have been trying to find more about funding fundamentals.

This blog post at Both sides of the Table blog is a nice introduction to the issues involved in angel investment and whether it makes sense to have convertible debt angel funding or priced  or series A round of funding.  The article is excellent and the discussion in the comments section is just great. the take home for me, is that do not dilute too much equity in lieu fo getting angel money as VC's may look negatively to that - no motivation for founders- and also try to get money in the form of convertible debt as far as possible- but most importantly - and what was emphasized at this weekend's Proto.in pune event- go for angel investors who provide much more than money- business contacts, experience and wisdom.

More nuggets of wisdom available at the source.